PLI for Automotive industry

In order to boost domestic manufacturing and cut down on import bills, the central government in March 2020 introduced a scheme that aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to set shop in India, the scheme also aims to encourage local companies to […]

Authorised Economic Operator (AEO) Programme

AEO Scheme

AEO is a programme under the aegis of the World Customs Organization (WCO) SAFE Framework of Standards to secure and facilitate Global Trade. The programme aims to enhance international supply chain security and facilitate movement of legitimate goods. Under this programme, an entity engaged in international trade is approved by Customs as compliant with supply […]

Drones for Self Help Groups (SHG)


KEY HIGHLIGHTS OF THE SCHEME Financial Outlay of Rs. 1261 Crore for the period from 2024-25 to 2025-26. The scheme aims to provide drones to 15,000 selected Women SHGs for providing rental services to farmers for agriculture purpose. The scheme approves holistic interventions by converging the resources and efforts of Department of Agriculture & Farmers […]

Digital Advertisement Policy

Digital Advertisement Policy

It is a significant move to harness the potential of digital media for government communication. This policy empowers the Central Bureau of Communication (CBC), the Central government’s advertising wing, to conduct campaigns effectively in the digital realm. Adapting to the Digital Age The ‘Digital Advertisement Policy, 2023’ represents a pivotal moment for the CBC, aligning […]

Social Audit – A growing requirement in India

Social Audit

Corporate Social Responsibility (CSR) refers to the ethical and voluntary initiatives that businesses undertake to improve their social and environmental impact beyond legal and regulatory requirements. A social audit of CSR activities involves assessing and evaluating a company’s CSR initiatives to ensure transparency, accountability, and the fulfilment of social and environmental commitments. In India, every […]

Exploring the New Form 10B and 10BB for A.Y 2023-24 Onwards


Exploring the New Form 10B and 10BB for A.Y 2023-24 Onwards Introduction Every year, the Indian government introduces changes and updates in the income tax filing process to ensure better compliance and transparency. One such notable change for the Assessment Year (A.Y) 2023-24 onwards is the revamped Form 10B and the introduction of Form 10BB. […]

Tax Incentive for New Manufacturing Companies may expire soon!


Indian Government has rolled out a separate tax regime under Section 115BAB for setting up of new manufacturing companies in India. This move was brought after the COVID-19 pandemic under the Indian Government strategy to become China + 1. Section 115BAB  provides that if anybody setup a domestic company on or after 01 October 2019 […]

IEPF – Reposing Investors Trust by helping investors to claim back their securities


The Investor Education and Protection Fund (IEPF) is a statutory fund established by the Government of India under the Companies Act, 2013. Its primary purpose is to protect the interests of investors and promote investor education and awareness. Here are some key features and functions of the Investor Education and Protection Fund (IEPF): Unclaimed Dividends […]

New PLIs on Card – Footwear & Bicycle

PLI Scheme

Government of India is set to roll out 2 new PLI Schemes i.e. Footwear and Bicycle to promote manufacturing in India. These will be the part of fresh set of PLI Schemes after the initial 13 PLIs being announced by the Government in 2020 post COVID-19 Lockdown to make China Plus 1 Strategy. Footwear PLI […]

Innovation in Pharma & MedTech


Scheme for Promotion of Research and Innovation in Pharma MedTech Sector (PRIP) Objectives of the Scheme :- Transform Indian Pharma MedTech sector. Move from cost based to innovation-based growth. Strengthen the research infrastructure in the country. Promote industry-academia linkage for R&D in priority areas. Inculcate the culture of quality research and nurture our pool of […]

Green Hydrogen Electrolysers Incentives

Green Hydrogen

Incentives for Green Hydrogen Electrolysers The Govt. of India on 28th June 2023 – Ministry of New and Renewable Energy (MNRE – Hydrogen Division) announced scheme guidelines under National Green Hydrogen Mission for “Incentives for Electrolyser Manufacturing”.   The scheme is covered under “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component I with […]